Här är en ny analys av detta företag.
On Wednesday, Sitowise lowered its revenue and earnings guidance for 2024, mainly due to weaker-than-expected developments in Sweden. We expected a profit warning from Sitowise after the last update due to continued market weakness, but weaker-than-expected Q2 numbers have lowered our forecasts for the current year. In our view, the warning raises the risk of deeper problems in the Swedish business, and we expect a negative price reaction. We reiterate our Reduce recommendation and lower our target price to EUR 2.70 (was EUR 2.90).